Federal Reserve's Hamack: Don't take it for granted that inflation expectations are fixed. Businesses are planning to raise prices beyond any increase in raw material costs, which indicates that an "inflation mindset" is taking shape.

2026-10-13

Federal Reserve's Hamack: Don't take it for granted that inflation expectations are fixed. Businesses are planning to raise prices beyond any increase in raw material costs, which indicates that an "inflation mindset" is taking shape.